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Trinity Place Holdings Inc.com - $TPHS STOCK NEWS

Welcome to our dedicated page for Trinity Place Holdings Inc.com news (Ticker: $TPHS), a resource for investors and traders seeking the latest updates and insights on Trinity Place Holdings Inc.com stock.

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Rhea-AI Summary
Trinity Place Holdings Inc. (NYSE American: TPHS) announced that NYSE American accepted their compliance plan, granting a cure period until May 29, 2025. The Company received a deficiency letter due to stockholders' deficit and losses in recent fiscal years. The NYSE American will monitor compliance with the plan, with potential delisting if requirements are not met by the deadline.
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Trinity Place Holdings Inc. (TPHS) closed recapitalization transactions, extending loan agreements and corporate credit facility maturity dates. Lender purchased 25,112,245 shares of common stock, and an affiliate acquired a 5% interest in the joint venture. The Company will act as asset manager for the joint venture. The transactions aim to simplify the structure for new investors and accommodate a potential strategic partner.
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Trinity Place Holdings Inc. (NYSE American: TPHS) announced a stock purchase agreement with a lender for 25,112,245 shares of common stock at $0.30 per share, a joint venture agreement, and a notice from NYSE American regarding its low stock price.
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Trinity Place Holdings Inc. (NYSE American: TPHS) received a notice from the NYSE American advising non-compliance with listing standards due to stockholders' deficit and losses in recent fiscal years. The company must submit a compliance plan by December 29, 2023, to regain compliance by May 29, 2025.
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Trinity Place Holdings Inc.com

NYSE:TPHS

TPHS Rankings

TPHS Stock Data

8.58M
21.14M
11.22%
71.51%
0.84%
Family Clothing Stores
Retail Trade
Link
United States of America
NEW YORK

About TPHS

trinity place holdings inc., a real estate holding, investment, and asset management company, engages in commercial real estate business in the united states. the company's principal asset is located at 77 greenwich street in lower manhattan. it also owns a property occupied by a retail tenant in paramus, new jersey. the company also controls various intellectual property assets focused on the consumer sector, including its online marketplace at filenesbasement.com, its rights to the stanley blacker brand, as well as the intellectual property associated with the running of the brides event and an educated consumer. trinity place holdings inc. was founded in 1959 and is headquartered in new york, new york.